Economy

Economic forecast
Economic forecast
GDP Growth
GDP growth %
Educational expenditure
Educational expenditure
Consumer price index
Consumer price index
Central government
central government
Local government
local government
Public health expenditure
public health expenditure
Exports of goods and services
Trade in goods and services

RSS Economic forecast

RSS Health

RSS National Accounts

  • GDP increased by 3.1% in 3rd quarter of 2017 08/12/2017
    Non-seasonally adjusted figures indicate a year over year increase in real GDP by 3.1% for the 3rd quarter of 2017. Total domestic expenditure increased by 10.7%. Household final consumption increased by 6.7%, government final consumption by 2.9% and gross fixed capital formation by 19.4%.
  • Total financial liabilities decrease more than assets 18/10/2017
    The net financial worth of Iceland’s domestic sectors was negative by ISK 737 billion at year-end 2016, having decreased by 12.2% from the previous year.
  • Increase in purchasing power per capita by 6.9% in 2016 10/10/2017
    Disposable income of the household sector in 2016 increased by 10.2% from the previous year, while per capita income increased by 8.7%. Measured in real terms, purchasing power per capita, increased by 6.9%.
  • Net worth increased in 2016 03/10/2017
    Statistics Iceland has now published data on liabilities and assets of individuals for 2016, from annual tax returns. Assets increased from 2015 to 2016 while average debt was unchanged.
  • Publication on financial accounts postponed 19/09/2017
    A publication in the Statistical Series on financial accounts 2006–2016, due for release 11 October, has been postponed until 18 October.